If you are visually impaired or blind, you can visit the PDF version by Pressing CONTROL + ALT + 4
You need a JavaScript-enabled browser to view this Publication
Please follow these steps to view the Publication:
Enable JavaScript in your browser
Refresh this page
Best regards
Zmags
ISSUE NINE 2020
䙉N䅎䍅 ☠䱅䅓IN䜠䝕I䑅 2020
䙉N䅎䍅 ☠䱅䅓IN䜠䝕I䑅 2020
Dr. Peters
GROUP
Split Rock Aviation
CMS_LawTax_CMYK_from101.eps
3+2(1,;$0(5,&$1
),1$1&,$/6(59,&(6,1&
Rolls-Royce &
Partners Finance
Nordic Aviation Capital
VedderPrice
www.aviationnews-online.com
Asset Management
Aset Management
•
•
•
Remarketing Services
Remarketing Services
•
•
Technical Expertise
Technical Expertise
Technical Expertise
www.orixaviation.com
Leading Aircraft Owner and Lessor
LeadiingAiircraftft Owner and Lesor
Dublin based since inception in 1991
Dublin based since inception in 1991
GDluoblainl rbeascehdwsitnhcecu
ISSUE NINE
Asset Management Aset Management • • • Remark
EDITOR’S LETTER NEW HORIZONS ISSUE NINE - 2
CONTENTS 1 Letter from the editor New Horizons
BOSTON | SHANNON | LONDON | SINGAPORE | HONG KON
NEWS Aviation News celebrates its Queen’s Award
84,000 pounds of thrust: Hundreds of on-time arri
NEWS Boeing halts 737 MAX production from Janua
Global Leaders in Aviation Finance kpmg.ie/aviat
www.rolls-royce.com/servicescatalogue In t
NEWS Apollo and Athene close PK Airfinance acqu
Over 19,000 shop visits in almost 40 years on mor
THE A330neo.
FLY The A330neo shares many of the same innovat
NEWS Intertrust acquires Wells Fargo Trust Corp
NATURE LOVERS FLY The E2 is the most environm
NEWS First ever green financed aircraft Over th
Building Air Lease Corporation is dedicated
NEWS Accipiter and MCAP integrate to form AMCK
NEWS Norwegian sells Argentinian subsidiary to
Your Global Partners for Financing and Management
NEWS Cathay Pacific acquires Hong Kong Express
Global clients. Global deals. Chicago London
NEWS Norwegian establishes JV with CCBLI
DUBLIN | IRELAND Delivering lift to airline c
NEWS CataCap completes acquisition of AerFin Pr
Today's markets are complex and ever-changing. O
NEWS SKY Leasing returns to the market with M&G
YOUR GO-TO BANK IN AVIATION We
NEWS Scale Aviation brings a new liquidity play
AIRCRAFT. LEASING. INVESTMENT.
NEWS Knighthood Capital Partners and Six West c
GROWTH FRONTIERS KOREA 2020 onrad Hotel, Seoul, S
NEWS Airlines battle perfect storm 2019 has b
For more information, please contact: Christine
NEWS JetBlue closes EETC JetBlue
Trusted for Over 25 Years See
NEWS ACG AFS funds one A350-1000 for Virgin Atl
NEWS TAP closes senior unsecured notes offering
“One of the leading aviation finance firms in the
NEWS GECAS extends ABS programme with STARR III
Strengthened global expertise to help clients rea
NEWS ALC closes Thunderbolt III Air Lease Corpo
NEWS Seraph closes Raptor I ABS Seraph
Think Growth Think Collaboration
NEWS Airborne Capital closes Tailwind ABS New
Aircraft Finance & Credit Solutions
NEWS Bain Capital invests in Atlas Air’s Titan
Expertise is just one more reason why Fitch is a
NEWS Ryanair appoints new CEO of airline Ryanai
No matter which direction the aviation sector is
NEWS BOC Aviation’s Townend appointed as Deputy
R T N I D U C I N G O Investing | Leasing
NEWS Muilenburg departs Boeing; Calhoun new CEO
NEWS New CEO and CCO for Norwegian
CIRM your Risk Covered. Protecting Your Und
NEWS Goring-Thomas named MUFG Global Head of Avi
The sky is not the limit At AerFin we’re not con
CAPITAL MARKETS FINANCE An inves
that a lot of what we saw in the past was really
CAPITAL MARKETS FINANCE aligned with. I like to
AVIATION AND THE NMENT DAY
EL AL Jerusalem JOLCO
the strengthening of the connection between t
EL AL removed professionall
attractive for airlines as it offers more debt o
EL AL 787 Taking delivery EL AL has taken deli
H ailing from a financial
EL AL 787 Boeing delivery dinners are fa
777-300ER Mid-life crisis or
A380 and very likely to be cancelled B747-8 passe
777-300ER Air Canada, Catha
ON AN ASCENDING JOURNEY www.novus.aero
ABS Japanese ABS Japanese equity
an encumbered value well above $800 million. The
ABS in the interests of their JOL investors. We
With a focus on the trading and leasing of aircra
LESSOR SUPPORTED FINANCE Solvi
initially offering airlines the benefit of ACG’s r
LESSOR SUPPORTED FINANCE financing solutions for
GROWTH FRONTIERS TOKYO 2020 hangri La Hotel, Toky
BGC Partners enters the supported aviation financ
BGC AVIATION INDUSTRY FINANCIAL SOLUTIONS
BGC AVIATION INDUSTRY FINANCIAL SOLUTIONS proje
Your partner in aviation Canyon CTS is a lea
REGIONAL AIRCRAFT Niche sector or mainstream
APPLICATIONS OF REGIONAL AIRCRAFT Notwithstandin
REGIONAL AIRCRAFT routes to reduce capacity and
OIL Riding out spikes The attack on a Saudi o
and will continue to provide protection, especial
OIL “If the recent spike in oil prices were
Deal Manager Deliver a World-Class Sales Experien
SANCTIONS AND AVIATION US Economic Sanctions: Dev
• Blocking sanctions broadly prohibit US Person
SANCTIONS AND AVIATION
Choose Winston. We Deliver. Winston & Strawn
CAFICO INTERNATIONAL Elevating
of whole-company engagement. “It can be
CAFICO INTERNATIONAL enti
Choose an Aviation Leasing Administration Partner
GENERAL COUNSEL The Gener
Such a large portfolio requires pro- active as
GENERAL COUNSEL multi
Matheson - Leading the Way in Aviation Matheson
GENERAL COUNSEL lessor under a lease rather
PROFILE Dr. Peters Group: Investing in aircraf
empower your growth aircraft leasing solu
GATS GATS update The Aviation Working Group
to replace Wells Fargo as trustee to adopt
GATS First and foremost, these typically
Working strategically with our industry part
AERLINKS LEASING Aerlinks Leasing Aerlinks Le
Corporate Banking in 1998, and with a strong team
AERLINKS LEASING Airline Economics recently cau
The Innovative new Regional Aircraft Leasing
PROFILE KfW IPEX-Bank is
Shape the future. With a strong financing part
ABS BJETS flies Global Jet
appreciation for this asset class and the associa
Alternate channels: The evolution of aircraft sal
ASSET-BACKED SECURITIES ABS transactions provide
EVOLVING AVIATION FINANCE THE TABLE BELOW LISTS
DYNAM AVIATION Bet on Dynam Avi
A320ceo with Volaris, one 737-800 with KLM, one A
L-R: James McCarthy; Katsuhiko Ando (CEO); Pat O’
Aircraft Specialists; Engine Specialists; “Legal
APEX GROUP Thinking of setting up a Company
To incorporate a legal entity, a Form A1 and
APEX GROUP differences in
LET US PILOT YOUR SUCCESS Work with a highly expe
CORSIA CORSIA creates compliance co
regulator by May 31, 2020 and May 31, 2021, respe
CORSIA a lessor or mortgagee to monitor this cr
AVIATION AND THE NMENT DAY
M&A TRENDS Aviation M&A tre
followed by Europe and North America
M&A TRENDS There has been an increased
marsh.com UNLOCKING FUNDING OPTIONS TO SUPPORT G
KELLSTROM AEROSPACE ASSET MANAGEMENT
KELLSTROM AEROSPACE ASSET MANAGEMENT
KELLSTROM AEROSPACE ASSET MANAGEMENT on a globa
READY TO FLY With 50 years in
LIBOR TRANSITION LIBOR transi
However risk free rates differ from LIBOR in se
LIBOR TRANSITION WHAT IS THE
Leader in Aircraft Leasing, Asset Management & Fi
SUSTAINABLE AVIATION Susta
LMA GREEN LOAN PRINCIPLES AND SUSTAINAB
SUSTAINABLE AVIATION behavio
SUSTAINABLE AVIATION ENGINE DATA LMA Green Loan
EXOSONIC Exosonic Bringing back supersonic commer
EXOSONIC Exosonic aircraft interio
WALKERS ABS Market Flying High The ABS market
with assistance from associates Liam Woodward and
WALKERS tax backgrounds who have extensive
Proud Sponsor of the Airline Economics Growth Fro
OSTRUM AM Ostrum AM is
funds because we are convinced, that in the curre
MAPLES GROUP Irish Own
one of only three jurisdictions chosen, alongside
MAPLES GROUP AIRCRAFT TRADING The growth in the
DATA JANUARY 2020 - VALUES AND RATES OEM Ty
dublinaviationsummit.com DUBLIN AVIATION S
ABOVE & BEYOND GECAS is a world-leading aviation